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For events that are not mutually exclusive what rule should you use?
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- The covariance of returns on two investments over a 10-year period is 0.009. If the variance of returns for investment A is 0.020 and the variance of returns for investment B is 0.033, what is the correlation coefficient for the returns?A) 0.350.B) 0.444.C) 0.687.
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- For assets A and B we know the following: E(RA) = 0.10, E(RB) = 0.20, Var(RA) = 0.25, Var(RB) = 0.36 and the correlation of the returns is 0.6. What is the expected return of a portfolio that is equally invested in the two assets?A) 0.3050.B) 0.2275.C) 0.1500.